WFDB Young Diamantaires To Discuss Blockchain Tech At Hong Kong Meet
The World Federation of DiamondBourses (WFDB) will hold the next meeting of its Young Diamantaires group at the September edition of the Hong Kong Jewellery and Gem Fair. The meeting…
Weaker Prices, Strong Ruble Push ALROSA H1 Revenue -6.3% To $2.7B
ALROSA reported 2017 first half revenue of $ billion (RUB billion), pre-tax earnings of $ billion (RUB billion) and a net profit of $ million (RUB billion), with a net…
De Beers Marketing Increase Will Lift Global Industry: WFDB President
The global diamond and jewellery industries will benefit from the decision announced by De Beers on Tuesday to increase its marketing spending this year to $140 million, said World Federation…
Jewellery, Watch Sales Lead Hong Kong July Retail Recovery
Jewellery, watch and other luxury goods sales in Hong Kong grew percent in July, helping overall retail sales grow 4 percent to $ billion (HK$36 billion). This is the fifth…
ALROSA To Sell Own Manufactured Polished At Sept. Hong Kong Fair
Russian state-controlled diamond miner ALROSA’s cutting and polishing division DIAMONDS ALROSA has announced that it will auction its own polished diamonds during the Hong Kong Jewellery & Gem Fair in…
De Beers To Spend $140M On Marketing This Year; Majority On Own Brands
De Beers has announced it will invest more than $140 million in marketing this year — its biggest spend since 2008. The increased investment will be focused on generating further…
$8 Garage-Sale Ring Now Estimated In Bonhams Auction At Up To $30,000
While a step-cut diamond ring estimated at between $ and $ million will headline the Bonhams New York fine jewellery sale this September, one of the 180 lots going under…
Expanded Sarine System Will Provide 4Cs Grading, Synthetic Detection
Diamond processing industry technology provider Sarine Technologies Ltd announced that it is expanding the Sarine Profile platform with the option to include the world's first automated 4Cs grading and diamond…
GST Intelligence Wing To Monitor G&J Industry For Money Laundering
The Indian government said in an official notification that the newly created Directorate General of Goods and Service Tax Intelligence (the reconfigured intelligence arm of the Excise department), will be…
Signet Q2 Sales Rise 1.9% To $1.4B; Fashion Jewellery Main Driver
Signet Jewelers Limited announced that its second quarter sales were $ billion, up $ million or percent, compared to a decrease of percent in the 13 weeks ended July 30,…